Central bankers increase interest rates to discourage investment and consumption and hence lower inflation. This view, embedded in standard macroeconomic models and policymaking, assumes that
The US dollar is by far the most important currency for handling international trade payments (Boz et al. 2020). Could the Chinese renminbi eventually become
Interlocking directorates (IDs hereafter) arise when two or more corporate boards have one or more members in common. The presence of directors on the boards